Lovely letter from our MP @JamesFrith delighted that we raised money for Papyrus - preventing young suicide - at our Charity pub quiz.
Neil Woodford, a very highly regarded investment manager at Invesco Perpetual has resigned, and will be leaving IP in six months.
Many of you, our clients have money that is managed by Neil and we wish to re-assure you that IP have a succession plan in place. Click here to read Invesco Perpetual's FAQ which has been provided for you and as always we encourage you to get in touch if you have any questions.
Neil has decided to leave as he wishes to set up his own company, and due to his excellent track record it is something that we will consider when assessing investment funds for our clients, normally a fund needs to be three years old before we consider it due to being able to properly assess what it has achieved and how.
With Neil's 25 year track record it may be worth considering sooner, we will of course be monitoring our clients' investments on an on-going basis as normal, and to continue to make our recommendations.